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RealTime IT News

ManagedOps Wins VC's Business

ManagedOps, a Bedford, N.H., application service provider, has won a new contract from Mission Ventures, a San Diego, investment firm. Financial terms were not disclosed.

The agreement includes delivery and hosting of Microsoft's Great Plains eEnterprise financial accounting system, which ManagedOps provides thanks to a recent partnership with consultant FMT, also of San Diego.

"(By outsourcing) we avoid the upfront capital costs of hardware and software, which quickly depreciate in value," said Stephanie Gore, Mission Ventures' director of finance. "(We) also free up our internal IT resources, allowing them to provide assistance to the critical daily operations of the company."

The ManagedOps service, provided through a data center, includes secure, around-the-clock systems engineering, network management, and help-desk support, for a monthly fee.

Founded in 1987, ManagedOps is privately held and venture backed. In 2000 it opened a $12 million, 93,000-square-foot facility. The building, which can hold as many as 6,000 computer servers, will be served by three telecommunications carriers and has secure, backed-up systems for everything from bandwidth to air conditioning.